Check Out This Documentary on “The Power of the Fed”
Our new book Fake Money, Real Danger is on track for publication this fall. What is Fake Money? It is the Federal Reserve's massive money printing and Congress's massive money borrowing, especially since the 2008 Financial Crisis and even more so during the 2020-2021 current Covid Crisis. We have now created so much Fake Money that nearly all wealth created since 2008 is fake wealth built on increasingly vulnerable asset bubbles (stocks, bonds, real estate) that are unsustainable.
However, until we get significant long-lasting inflation and rising interest rates, all this fake wealth will continue to grow and seem very real. But when the big Fake Money bubble pops and asset values will plunge over the Financial Cliff, fake wealth will quickly evaporate for everyone who isn't correctly prepared.
Most of us intuitively know that if any business or individual keeps borrowing huge amounts of money, eventually it catches up with you. But the subject of money printing can be a bit harder to understand.
That's why we were so pleased to see the recent release of a new documentary on the key reasons and risks of the Fed's incredibly enormous money printing since 2008. We highly recommend you check out this video called "The Power of the Fed" https://youtu.be/9RbL8lTsITY
While the film does not go far enough in explaining how rising future inflation will eventually drive up interest rates and pop the big Fake Money bubble, we do think it is worth your time to view this well-done documentary as a great introduction to our coming new book.